Quick question Working with a buyer who payed 2 earnest deposits. $1500 at contract signing, and $450 at extension.
Well about 2 weeks before our 2nd closing date the lender asked for a "consolidated escrow check" supposedly so the real estate company shows they disbursed the $1950 they were holding and replaced it with a $2000 check.
This is where it gets weird. The $2000 check was a cashiers check but under remitter it has someone elses (Not my buyers) name. When we look at the loan commitment it states that the buyers must specifically come to closing with the 3.5% from their proven assets and it cannot be paid by anyone else, which they are claiming the escrow deposit will do that.
Does this smell funny to anyone else?
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